Bank Negara Indonesia (BNI) SWIFT Code: BNINIDJA

Bank Negara Indonesia SWIFT Code: BNINIDJA

The SWIFT/BIC code for Bank Negara Indonesia is BNINIDJA. BNIN identifies BNI, ID stands for Indonesia, and JA is the Jakarta location code. This code routes international wire transfers to BNI accounts across Indonesia.

BNI is the third-largest state-owned bank in Indonesia by assets, established in 1946 as the country's first national bank. The bank operates over 2,000 domestic branches and maintains overseas offices in New York, London, Tokyo, Hong Kong, Singapore, and Seoul to support Indonesian trade and diaspora remittances.

IDR Government and Commercial Transfers

As a state-owned bank, BNI handles a significant share of Indonesian government disbursements, including civil servant payroll and development project funding. International wires through BNINIDJA often involve government procurement contracts, infrastructure project payments, and foreign aid disbursements denominated in USD and JPY.

Incoming IDR wires settle within 1 to 2 business days. BNI's correspondent banking relationships with JPMorgan Chase (USD), Deutsche Bank (EUR), and MUFG (JPY) facilitate multi-currency trade settlements for Indonesian commodity exports including palm oil, coal, and rubber.

BNI Wire Transfer Costs and Timing

BNI charges IDR 25,000 to IDR 75,000 for incoming international wires. Outgoing international wire fees range from IDR 75,000 to IDR 150,000 depending on currency and destination. Bank Indonesia requires reporting on FX transactions exceeding the equivalent of $25,000.

BNI's overseas branches provide direct IDR remittance channels for Indonesian workers in Japan, South Korea, Hong Kong, and Singapore — reducing the intermediary hops that add cost and delay to standard SWIFT transfers.

How Slash fits in

Slash tracks your BNI wires and IDR cash positions in real time. Government contract payments, trade settlements, and diaspora remittances through BNINIDJA are logged with conversion rates and settlement confirmations.